Trend Table for ARF - Arena REIT No 1

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 30	A	Strong	Up	Up	Flat	3.61%
Aug 29	B	Strong	Up	Flat	Down	5.47%
Aug 28	B	Strong	Up	Up	Down	3.87%
Aug 27	B	Strong	Up	Up	Down	4.67%
Aug 26	A	Strong	Up	Up	Up	2.58%
Aug 23	A	Strong	Up	Up	Up	3.10%
Aug 22	A	Strong	Up	Up	Up	3.35%
Aug 21	A	Strong	Up	Up	Up	3.87%
Aug 20	A	Weak or Absent	Up	Up	Up	4.40%
Aug 19	A	Weak or Absent	Up	Up	Up	3.61%